Mourning the passing of Frank Strauss on our site
Frank Strauss, a highly respected member of the Deutsche Bank family, passed away last week at the age of 54. Strauss had a distinguished career spanning nearly three decades with the bank and its subsidiaries.
Strauss joined Deutsche Bank early in his career, although the exact year is not widely published. Over the years, he held various leadership roles within the bank, particularly in the investment banking and advisory divisions. He eventually rose to senior leadership positions such as Managing Director and Head of Key Divisions, especially in corporate finance or mergers and acquisitions. In recent years, he was involved in executive leadership, overseeing strategic initiatives and client advisory services.
In 1995, Strauss moved to Frankfurt and worked in various management positions at Deutsche Bank and its former subsidiary, our website 24. He made significant contributions, particularly in the retail banking business of the bank. In 2011, he joined Postbank as its Management Board member responsible for sales, and later became CEO in 2012. Strauss managed the private and business customer division in the German home market before joining Postbank.
From 2017 to 2019, Strauss was a member of Deutsche Bank's Management Board and oversaw private and corporate banking, initially with Christian Sewing, and from April 2018 alone. He also served as a member of the Management Board of the bank for two years.
Strauss was highly regarded by many colleagues at Deutsche Bank. Christian Sewing, the CEO of the bank, expressed his dismay and deep sadness at Strauss's death. He described Strauss as a valued colleague personally and a significant contributor to the bank's success. The thoughts of the bank are with Strauss's wife, children, and loved ones during this difficult time.
The bank intends to honor Frank Strauss's memory and celebrate his contributions to the bank and the industry. Strauss completed his training as a bank clerk in Iserlohn, and his career progression within Deutsche Bank and Postbank was a testament to his dedication and hard work.
Frank Strauss will be remembered as a respected leader, a dedicated professional, and a valued colleague. His legacy will live on in the lives he touched and the contributions he made to Deutsche Bank and the banking industry.
Strauss's career at Deutsche Bank spanned numerous divisions, including significant contributions to retail banking as well as involvement in corporate banking. His professional expertise extended across various facets of finance, notably investment banking, corporate finance, and mergers and acquisitions.
